Tesla begin taking Model 3 orders in China
Tesla Inc begin taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153.60), as per the electric automaker’s China website www.tesla.cn/model3/reserve. CEO Elon Musk stated, “Probably some deliveries in March, but April is more certain”, after one Twitter user asked when the deliveries in China would start. Tesla has
- Published in Tesla
Tesla to deliver new Model 3 orders by end of this year
Tesla Inc CEO Elon Musk stated on Thursday that Model 3s ordered in the United States by the end of this month are going to be delivered by December 31, as the electric automaker attempts to take advantage of tax breaks. “Tesla just acquired trucking capacity to ensure Model 3 can be delivered in U.S.
- Published in Tesla
Ford, Walmart to collaborate on designing automated vehicle delivery
Ford Motor and Walmart and delivery service Postmates Inc will work together to design a service for providing groceries and other goods to Walmart clients that could someday use autonomous vehicles, the companies stated on Wednesday. The project is the recent to develop out of Ford’s wider effort to develop businesses that could use automated
- Published in Ford
Ford’s China partner Zotye is ready to sell SUVs in U.S. in 2020
Zotye Automobile, that is partnered in China with American automaker Ford Motor, stated on Tuesday it planned to start selling SUVs in the United States in 2020. A Zotye spokesman stated Ford is uninvolved in the Chinese automaker’s U.S. distribution strategies. Ford has not commented yet. In China, Ford had tapped Zotye to offer lower-priced
- Published in Ford
Ford to buy electric scooter startup Spin
Ford Motor stated it will join the rising micro-mobility movement with the acquisition of 2-year-old Spin, an electric scooter rental firm from San Francisco. Ford is one of the first to enter the sector. The automaker will invest about $200 million in Spin. The purchase price is lowered by investments in Lime and Bird, the
- Published in Ford
NHTSA investigates 1.7 million General Motors SUVs over wiper failures
National Highway Traffic Safety Administration (NHTSA) stated it was investigating if General Motors should recall another 1.7 million sport utility vehicles because of an issue with windshield wiper failures. GM, the largest U.S. automaker, had earlier recalled 367,800 2013 GMC Terrain and Chevrolet Equinox SUVs in the United States in August 2016 to address the
- Published in General Motors
U.S. ends safety investigation into almost 50,000 U.S. Ford police vehicles
The National Highway Traffic Safety Administration is ending an investigation into almost 50,000 Ford Motor Explorer Police Interceptor vehicles regarding the reports of sudden brake failures, it stated on Tuesday, without seeking a recall. The investigation, started in April 2015, was prompted by reported incidents of front brake hose failure in 2015 Ford Explorer Police
- Published in Ford
Ford goes local in India, looks for bigger share of competitive market
Ford Motor made a profit in India for the first time in ten years in the last fiscal year, indicating that a strategy conceived two years earlier by the U.S. automaker for one of the world’s most competitive car markets is beginning to show some success. Under an initiative named the Emerging Market Operating Model
- Published in Ford
Fiat Chrysler reconsiders Mexico for making more Ram trucks
With a strategy of loading up its renovated Ram 1500 full-size trucks with new functions – ranging from 12-inch touch screens on the dashboard to big battery packs and electric motors to help adjust speed and gears and conserve fuel – the automaker is investing on a sustained surge in demand. Thus Chief Executive Mike
General Motors CEO expects Tesla to be around in another 10 years
General Motors’s CEO Mary Barra stated on Thursday she expects electric automaker Tesla Inc to be around in the next 10 years, regardless of Tesla’s troubles with turning around its operations. It is “highly possible” GM would be rivaling against Tesla over the next decade, Barra stated at the DealBook conference in New York when
- Published in General Motors, Tesla
Volkswagen and Ford in talks about self-driving and electric vehicles
Volkswagen and Ford Motor are in talks to jointly develop self-driving and electric automobiles in a far-reaching strategic alliance supposed to save the companies billions of dollars, according to a person knowledgeable with the matter. The German and U.S. automakers are expected to give an update on the progress of the discussions before year end,
- Published in Ford, Volkswagen
Ford Motor and Baidu to launch self-driving road tests in China
Ford Motor and Baidu Inc started a two-year project on Wednesday to test self-driving automobiles on Chinese roads, in middle of a global race by automakers and internet firms to develop autonomous vehicle technology. The project will begin testing on designated roads in Beijing by the end of this year, and possibly other Chinese areas,
General Motors favors fuel-efficiency rules based on historic rates
General Motors supports an yearly increase in fuel-efficiency standards based on “historic rates” instead of tough Obama era rules or a Trump administration proposal that would freeze requirements, as per a federal filing made public on Monday. The largest U.S. automaker stated the Obama rules that aimed to increase fleetwide fuel efficiency to over 50
- Published in General Motors
U.S. autos rise on report China proposes cutting car purchase tax
Shares of U.S. automakers increased on Monday following a report that China was thinking about halving its car purchase tax to 5 percent to back its struggling auto industry, which has been hit hard by the Sino-U.S. trade war. Shares of General Motors, the No.1 U.S. automaker by sales, boosted as much as 5 percent
- Published in American
Baillie Gifford wants to invest more in Tesla
Baillie Gifford & Co, one of the leading shareholders of Tesla Inc, has stated it would be willing to invest more money into the electric automaker, the Times reported on Monday. “If he (Tesla CEO Elon Musk) needs more capital we would be willing to back him,” stated Nick Thomas, a partner at Edinburgh-based Baillie
- Published in Tesla